Tottenham Hotspur's young stars have made the club's squad the third most valuable in Europe's top five leagues, according to a new study.

CIES Football Observatory, which studies the beautiful game, has looked at the gap between the value of squads and the transfer fee expenditure required to assemble them.

Top of the table are Barcelona, mainly due to the value of Lionel Messi, who from zero cost as a youth academy product now has an estimated transfer value of 170.5m Euros, and Neymar, who was bought for 87m Euros and is now worth 246.8m. The total Barca squad was put together for 485m and is valued at 1,071m.

Spurs are second in the list for value, with Mauricio Pochettino's squad having been assembled for just 279m Euros and thanks to the likes of Harry Kane, Dele Alli, Danny Rose and Kyle Walker is worth 799m.